Ft Lauderdale, Florida 2/19/2010 6:25:00 AM
News / Business

Spyder Active Sports Inc Sells Ownership of Cloudveil Mountain Works

Spyder Active Sports, Inc. has announced that it has sold its ownership of Cloudveil Mountain Works to Windsong Brands LLC.  The transition of ownership will be effective on February 16.  Intellectual property and assets will be included in the acquisition.  The financial terms of the transaction were not disclosed.  Cloudveil is engaged in the building of innovative and functional apparel for markets including outdoor, snow sports, fly-fishing and casual apparel.  The company is credited with starting the modern day soft shell revolution.  It is also a leader of innovation in its prospective markets.

 

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Spyder revolutionized ski apparel in 1978 with a padded slalom sweater designed "for racing, by racers." Spyder products continue to dominate the race circuit and are the choice of the US Alpine, Canadian Alpine, and Jamaican World Cup Ski Teams. Renown for progressing on-snow innovation and style, Spyder is the world’s leading skiwear and mountain-based apparel brand. Based in Boulder, Colorado, Spyder is distributed in over 50 countries worldwide.

 

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